Also See Stanford, IL: ZIP Codes & Maps
The Village of Stanford had a population of 565 as of July 1, 2024.
The primary coordinate point for Stanford is located at latitude 40.4348 and longitude -89.2179 in McLean County. The formal boundaries for the Village of Stanford encompass a land area of 0.66 sq. miles and a water area of 0 sq. miles. McLean County is in the Central time zone (GMT -6).
The Village of Stanford has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.
The Village of Stanford is located within Township of Allin, a minor civil division (MCD) of McLean County.
POPULATION | |
---|---|
Total Population | 565 (100%) |
Population in Households | 565 (100.0%) |
Population in Families | 453 (80.2%) |
Population in Group Quarters1 | 0 |
Population Density | 854 |
Diversity Index2 | 16 |
INCOME | |
Median Household Income | $74,401 |
Average Household Income | $86,689 |
% of Income for Mortgage4 | 13% |
Per Capita Income | $35,903 |
Wealth Index5 | 67 |
Socioeconomic Status Index6 | Moderate (52.1) |
HOUSING | |
---|---|
Total HU (Housing Units) | 267 (100%) |
Owner Occupied HU | 198 (74.2%) |
Renter Occupied HU | 36 (13.5%) |
Vacant Housing Units | 33 (12.4%) |
Median Home Value | $150,000 |
Average Home Value | $186,490 |
Housing Affordability Index3 | 164 |
HOUSEHOLDS | |
Total Households | 234 |
Average Household Size | 2.41 |
Family Households | 153 |
Average Family Size | 3.00 |
GROWTH RATE / YEAR |
2020-2024 | 2024-2029 |
---|---|---|
Population | -1.40% | -0.86% |
Households | -0.20% | -0.26% |
Families | -0.26% | |
Median Household Income | 2.81% | |
Per Capita Income | 3.02% | |
Owner Occupied HU | 0.30% |
The table below compares Stanford to the other 1,462 incorporated cities, towns and CDPs in Illinois by rank and percentile using July 1, 2024 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.
Variable Description | Rank | Percentile |
---|---|---|
Total Population | # 863 | 41st |
Population Density | # 793 | 46th |
Median Household Income | # 711 | 51st |
Housing Affordability Index | # 1010 | 69th |
Per Capita Income | # 881 | 40th |
Diversity Index | # 965 | 34th |
Additional comparisons and rankings can be made with a VERY EASY TO USE Illinois Census Data Comparison Tool.
Also See: Nearby Hotels | Driving Directions